The Dow finally broke through its "permanent plateau" last week. All it took was for bullish sentiment to hit a 7 year high. ETraders are ALL IN...
Investors Intelligence Sentiment Survey
Bulls - Bears
Bulls:
Bears:
A testament to the power of Dow Prozac and Fed Heroin
In the context of a totally bogus economic "recovery", consumer sentiment lower than Y2K, household income at 1995 levels, and the daily shootout report, it's astounding that investor sentiment could ever again reach the same levels as in 2007. It's all a testament to the overwhelming power of Dow Prozac laced with Fed dopium and injected by HFT Bots on minimal volume.